The CPIs at the start of each decade from 1940
The CPIs at the start of each decade from 1940 to 2010 were are shown in Table 18.5.
a. Determine the percentage increase in the CPI for each decade.
b. During which decade was inflation the highest, as measured by the percentage change in the CPI?
c. During which decade was inflation the lowest, as measured by the percentage change in the CPI?
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